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Icelandic economist's warning about joining the EU

posted Jan 26, 2009, 5:31 AM by Gunnar Rögnvaldsson
Icelandic economist's warning about joining the EU as country's government crisis grows 

In an interview reported by Libération, Gunnar Haraldsson, Director of the Institute of Economic Studies in Iceland, warned that "Entering the EU would notably damage our fishing industry, which is one of the most profitable in the world." Meanwhile, Iceland's Commerce Minister has resigned amid rolling protests in recent weeks demanding the resignation of the government because of its handling of the economic crisis. The Icelandic Prime Minister has called early elections, saying he will step down in May.



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